PTA'S Spot Price Shocks.

It is understood that technically, the PPTA1509 contract fell slightly, and the price test tested 4600 front-line support, and now faces 4800 pressure. In the short term, it shows a trend of low ranking, short term trading is the main factor.

News: 1, 2, Asian PX quotations rose 19 to 816 U.S. dollars / ton FOB South Korea 838 US dollars / ton CFR Taiwan / China.

2.

The OMPL92 10000 t PX plant stopped in April 1st, and the factory planned to stop for 10-15 days.

3, Zhuhai BP4 month PTA listing price of 4900 yuan / ton, March settlement

Execute 4791 yuan / ton.

The 500 thousand ton PTA plant was stopped and the 1 million 100 thousand ton plant was running normally.

The 1 million 250 thousand ton new PTA plant is still in trial run and has not yet been able to function properly.

Spot price:

The East China market offer was sent to 4450-4470 yuan, the delivery rate was 4400-4430 yuan, and the negotiation remained at around 4430-4450 yuan.

The price of the US gold disk is stable, and its offer is near $630, which is about $600-610.

Stock data: 101376 warehouse receipts, an increase of 3072 copies compared with the previous trading day, with an effective forecast of 52022.

Conclusion: the international crude oil price dropped sharply due to the initial agreement between Iran and the international six parties on Iran's nuclear program, and Asian PX prices rose.

Domestic PTA operating rate dropped to around 65%.

The market of polyester is steady, and downstream weaving and adding bombs just need to be purchased.

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Recently, a lot of cotton enterprises and traders bought and sold the mentality of buying or selling. It is very obvious that the spot market is also quiet.

According to some cotton enterprises in Korla, Akesu and other places, the Xinjiang production and Construction Corps lowered the price of machine picked cotton, the national cotton trading market organized group buying Xinjiang cotton and the recent CF1505 contract of Zheng cotton futures fell below 13000 yuan / ton and 12800 yuan / ton respectively. Since the end of March, the purchase of cotton textile factories, cotton operators and several foreign businesses coincide with the slowdown or even suspension, and the proportion of inquiries and warehouses to inspect warehouses has also declined significantly.

Cotton dealers in Shandong, Hebei, Henan, Jiangsu and other places reflect that some of the contracts signed have met with some problems due to the decline of cotton prices inside and outside of Xinjiang. The buyer has delayed the execution of the contract by postponing payment of the goods, temporarily taking delivery or asking for credit.

A cotton and linen company in Henan reflects that a customer in Yancheng signed the 10 batch of South Xinjiang hand picking cotton contract in mid March. In March 25th, there was no news of the delivery of the 5 batches of goods after the payment was made. The buyer said that the sales of the yarn and cloth had also encountered great difficulties. There was not enough capital to pick up the goods, and the cotton enterprises were given a 5-10 day grace period. However, the cotton and linen company also needed to return the bank loans recently, and the other 5 batches of cotton would need to terminate the purchase and sale contracts before they were sold.

Some county township agricultural sector staff also actively linked with agricultural distributors or seed companies to help farmers get the agricultural materials and arrange production earlier. Some farmers who failed to repay the loans in 2014 were paid back by the bank and local government after the payment of a portion of their arrears. In the first place, they did not delay the soil moisture and missed the planting period. Two, only farmers cultivated farmland could delay the repayment of arrears for half a year or a year.

It is estimated that the 10-25 day of April will be the cotton sowing period. On the one hand, after the middle of April, the temperature change in the southern Xinjiang is no longer frequent and the disaster weather will decrease. On the other hand, farmers need enough time to prepare agricultural materials, seeds and cotton fields.

It is understood that in March 30th -4 1, Akesu, Bachu and other parts of the large cotton area suffered strong wind and cooling weather attacks, visibility is very low, the average temperature dropped 4-5 degrees Celsius, in order not to miss soil moisture, some planting large households, cotton planting units are still active seeding.

From the feedback of farmers, fertilizer, plastic film, pesticides, seeds and other prices are basically consistent with those before the Spring Festival, and there has not been any increase. However, farmers' credit for agricultural and cotton seeds is relatively common. Some agreed that the cotton target price in April 2014 will be returned directly, while others will be delayed until 2015 autumn.